As a result, Fastmarkets’ daily steel billet index, export, fob Black Sea, CIS
gained $1 per tonne on, reaching $611 per tonne fob.
A 30,000 tonne Ukraine-origin cargo was reportedly sold to the Dominican Republic at $690 per tonne cfr.
The fob-basis price was equivalent to $620 per tonne fob Black Sea, the seller said.
A number of market sources, however, noted that the material was of premium quality, which involves around $10 per tonne extra payment above the price of basic...